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Surety

Catalyst Expands Product Offerings, Launches Commercial Insurance Division

by GroundBreak Carolinas staff on February 16, 2020

Charlotte-based Catalyst Surety Partners, LLC (Catalyst), with plans to open a Columbia office in April, recently announced the formal launch of a commercial insurance division. Since the agency’s founding in 2014, Catalyst’s singular aim has been to help contractors succeed. To date Catalyst has worked to live up to that aspiration by providing just one…

Topics: Business, Risk Management
Insurance, Surety

Al Johnson: Still Motivated after 60 Years in the Surety Business

by Joan Krause, GroundBreak Carolinas on August 1, 2018

After 60 years in the surety business, Al Johnson has no plans for a traditional retirement. In fact, the 87-year-old continues to service a handful of longtime clients and looks forward to going into the office several days per week. For the past 25 years, Johnson has been associated with McGriff Insurance Services (formerly BB&T Boyle…

Topics: Business, Finance / Bonding, People
McGriff Insurance Services, Surety

The Surety Has Tendered its Defense — Now What?

by Andy Goldsmith, Jr., Elmore Goldsmith on May 1, 2018

This is a question we sometimes get from contractors who are either on the receiving end of a payment bond claim for the first time or have deeper concerns about their current bonding relationship. An important first step is to review the fundamental difference between insurance policies (which provide coverage against the risk of defined…

Topics: Business, Legal
Construction Law, Surety

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What We’re Reading

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